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Plastics company LyondellBasell has announced plans to drive chemical recycling of plastic materials forward.

The company, which specialises in plastics, chemicals and refining, is working with Karlsruhe Institute of Technology (KIT) to advance the chemical recycling of plastic materials and assist global efforts towards the circular economy and plastic waste recycling.

The focus of the venture is to develop a new catalyst and process technology to decompose post-consumer plastic waste, such as packaging into monomers for reuse in polymerisation processes.

“Earlier this year we announced a 50 per cent share in Quality Circular Polymers (QCP) to drive the development of high quality recycled polyolefins from the mechanical recycling of sorted post-consumer waste streams,“ CEO Bob Patel said.

“This new co-operation will be a major step towards chemical recycling and extend our contribution to the circular economy.”

Chemical recycling is complementary to mechanical recycling and is able to manage multilayer and hybrid plastic materials, which can’t be easily recovered by mechanical recycling.

Molecular recycling is advancing chemical recycling by improving current process technologies to produce clean feedstock for polymer production.

LyondellBasell's goal is to develop a high-efficiency and clean plastic depolymerisation process through catalyst innovation to transform plastic waste back to the chemical building blocks.

Food & Drink Business

Gold Coast brewery, Black Hops, has entered administration for the second time, with an urgent sale campaign underway for the business.

In the final chapter of court action regarding the 2020 collapse of Freedom Foods Group, the Federal Court has found former managing director and CEO, Rory Macleod, breached his duties as a director and officer, and failed to take all reasonable steps to secure the company’s compliance with its financial reporting obligations.

Australia’s food and beverage manufacturing industry is converging on Melbourne this week for foodpro 2026, the country’s leading trade event for processing, packaging and innovation. Held at the Melbourne Convention and Exhibition Centre (MCEC) from 26-29 July, foodpro 2026 will be opened at 10am on Sunday 26 July by Victorian Minister for Industry and Advanced Manufacturing and Minister for Skills and TAFE, Colin Brooks.